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Re: ZYOUNG post# 6311

Tuesday, 07/10/2018 4:28:19 PM

Tuesday, July 10, 2018 4:28:19 PM

Post# of 60456
Could you please help me find where it states the final 15% was paid from S. Korea and the $9 million from DOE for advanced technology revenue? I can't find it.
Product sales totaled $12.2 million for the second quarter of fiscal 2018, compared to $0.7 million for the second quarter of fiscal 2017. The increase is primarily a result of the sale of the 2.8 megawatt (“MW”) fuel cell plant project located in Tulare, California to NRG Yield, Inc. (“NRG Yield”).
Service and license revenue totaled $3.2 million for the second quarter of fiscal 2018, compared to $12.6 million for the second quarter of fiscal 2017. The difference between the periods is primarily due to the lower number of scheduled module replacements in the second quarter of fiscal 2018 as compared to the second quarter of fiscal 2017.
Generation revenue totaled $1.7 million for the second quarter of fiscal 2018, compared to $1.6 million for the second quarter of fiscal 2017.
Advanced Technologies contract revenue totaled $3.7 million for the second quarter of fiscal 2018, compared to $5.5 million for the second quarter of fiscal 2017. Revenue was lower for the second quarter of fiscal 2018 primarily due to the timing of project activity under existing contracts.
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